Mike: Be forewarned that this is looking to be a brutal day for job loss announcements as the headlines are full of bad news already:  Magna, Harman, Century Aluminum,  Estee Lauder, Alps Electric,  Tenneco, Bombardier  . The  Jobless Claims number:  Feb. 5 (Bloomberg) — The number of Americans filing first- time claims for jobless benefits unexpectedly jumped last week to a 26-year […]

Continue reading about February 5 – Jobless claims at 626,000 – Estee Lauder cuts 2000 – 1400 gone at Magna (Syracuse) – Bombardier drops 1360 – Harman quiets 1100 jobs – Tenneco dumps 1100 – Century Aluminum cans 650 – Cisco to cut 2000? – Japan’s Alps Electric terminates 13,000 – THQ games 600 out of jobs – Ryanair grounds 800 Irish jobs – Blue Men bluer after job cuts

Mike: This day’s big layoff news starts with Panasonic to cut 15,000 jobs, Fidelity National , Hudson’s Bay Company,  Time Warner  and Pier 1.    This is my favorite bit of financial news this day:  Obama caps executive pay tied to bailout money.    I hope those titans of thievery have saved for a rainy day, since living on $500k won’t be easy for many […]

Continue reading about February 4 – Panasonic exits 15,000 – Fidelity National cuts 1500 – Time Warner goes dark for 1250 – Hudson’s Bay Company dumps 1000 – Harland Clarke cuts 220 – 850 less at Pier 1 – Clorox removes 170 – Allergan dismisses 460

Continue reading about February 3 – 5800 less at PNC Financial Services – Beechcraft to cut another 2300 – More job cuts at CAT – Qimonda releases 1500 – EA layoffs at 1100 – Liz Claiborne sheds 725 – Honda exits 700 – Rockwell Collins dumps 600 – Kyocera cuts off 360 – Bashas’ cuts 350 – U of AZ dismisses 600 – SAS leaves 3000 behind